The National Assembly Speaker, Justin Muturi, has made public his net worth in the latest bid to woe voters to support his 2022 presidential bid.
Through a social media engagement forum on Thursday, November 18, Muturi announced publicly that he is a multi-millionaire, having amassed wealth amounting to Ksh300 million.
The presidential hopeful explained that he acquired his wealth through bank loans and then channeled the funds to run other businesses that have seen him join the list of millionaires in the country.
Muturi added that his monthly salary contributed a lot to him getting the wealth he has. The National Assembly Speaker has been in the civil service for 36 years.
“I am worth approximately Ksh300 million. Most of my property was acquired through bank loans and civil servant remuneration for 36 years,” he stated.
Muturi capitalised on that moment to call on other political leaders to explain how they acquired their wealth.
"I support a lifestyle audit on all leaders plus an explanation of how all their wealth was acquired and this should not be done in secret," Muturi insisted.
Despite revealing his net worth, Muturi has not mentioned properties and businesses registered under his name that have contributed to him amassing such amount of wealth.
This comes just days after a bill was tabled in the Senate seeking to compel state officers to declare their wealth. This is seen as a move aimed at helping the country in curbing graft.
On October 4, 2021, an expose dubbed the Pandora Papers accused President Uhuru Kenyatta's family of operation offshore accounts holding billions of shillings. The report by the International Consortium of Investigative Journalists (ICIJ) saw President Kenyatta express openness to a lifestyle audit, stating that all state officers should be subjected to them.
President Kenyatta noted that the Pandora Papers and any other audits will set the record straight and unveil secrets for those who cannot explain sources of their wealth.
"These reports will go a long way in enhancing the financial transparency and openness that we require in Kenya and around the globe. The movement of illicit funds, proceeds of crime and graft thrive in an environment of secrecy and darkness," stated the President at the moment.
These words have also been echoed by his deputy, William Ruto, whose wealth was exposed by Interior Cabinet Secretary, Fred Matiang'i, while appearing before the National Assembly Committee on Security.
